Fantastic Sams in LA - Net $40K Business For Sale in Torrance, California

Fantastic Sams in LA - Net $40K

Hair and Beauty - Beauty Salons and Barber Shops

Asking Price:	$99,000	Inventory:
Gross Revenue:	$186,000	Real Estate:	n/a
Cash Flow:	$40,000	FF&E:	$40,000 ++
++ included in the asking price not** included in the asking price

Fantastic Sams located at premier busy location. The shop can be fully staffed with 8 stylists (6 Stylists presently) and it generates around $186K per year in revenue. Salon is well-runned.

Owner is currently absentee, so an owner operator who cuts hair can see additional economic benefit.

Shop has 1,450 SF of space, 9 chairs, and currently 6 employees. Rent is $2,950/Mo. Lease 2009 with 5-year option or new lease option. Rev is $186K/year but once fully staffed the shop can add additional stylist and more revenue. Cash flow with absentee owner is currenlty breakeven, while Cash Flow can be $40,000 for an owner stylists/ operator.

Asking price is $99K.

Go to www.CrossRoadsBusiness.com to download an NDA and fax to 949-266-8495, Attn, Vasilis Georgiou.

About the Business

Year Established:1978

Employees:6 full time -

Franchise:Yes

Facilities:1,450 SF

About the Sale

Reason For Selling:new ventures

Seller Financing:negotiable

KEYWORDS: Fantastic Sams Salon beauty salon

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Business Listed By
Vasilis Georgiou, M&AMI, CBB, CBI, MBA, CIRM \| CrossRoads Business Brokers View All of My Listings


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